Winners and losers in the SCANA-Dominion deal

Energy
Blog · December 13, 2018

Palmetto Promise has spoken out strongly on what should happen to Santee Cooper, the state-owned partner in the V.C. Summer nuclear debacle. We correctly predicted future rates and provided a hard figure on what Santee Cooper customers will be paying per day over the 38 years it will take to pay off the nearly $15 billion in principal and interest owed.

The Big Short and the Little Guy

Energy
Blog · November 2, 2018

On Thursday of this week, the South Carolina Public Service Commission (PSC), the state agency charged with setting rates and generally serving as a tribunal for utilities in South Carolina, held its first hearing on both the Dominion deal and future nuke rates. The PSC is considering whether Dominion Energy, a Virginia-based company, should be

SC lawmakers set to hear proposals for future of Santee Cooper

Energy
Blog · October 18, 2018

The South Carolina General Assembly will soon hear buyout offers for Santee Cooper. Following a two-hour meeting, according to The State, state lawmakers contracted with a consulting firm on October 17 to study the sale of the state-owned utility as well as field prospective candidates for its purchase. The firm, ICF International, will serve as

Ratepayers furious at SCE&G: “an electric bill almost as much as your mortgage”

Energy
Blog · September 26, 2018

The mood in the room was tense but orderly as SCE&G ratepayers from around Columbia waited their turn to testify before the South Carolina Public Service Commission (PSC), the body legally charged with regulating South Carolina’s monopoly investor-owned utilities. Recurring calls for justice, accountability and energy competition emerged as seniors, business owners and activists testified

Santee Cooper execs appear before state commission

Energy
Blog · August 31, 2018

Last week, Santee Cooper finally got their day in court. Interim President & CEO James (Jim) Brogdon, Jr. along with General Counsel Mike Baxley, CFO Jeff Armfield and Senior Vice President for Corporate Services Pamela Williams appeared before the General Assembly’s Public Service Authority Evaluation & Recommendation Commission to update the legislature on the state of their agency and to be cross-examined by a panel that included the Governor himself.